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- Harris County Department of Education
- Debt Obligations

Debt Obligations
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- HCDE has a blended component unit, the Harris County Department of Education Public Facility Corporation (PFC Capital Projects Fund) for which it is financially accountable.
- Debt service requirements of general obligation bonds are payable solely from future revenues consisting of school contracts.
- HCDE has never defaulted on any bond principal or interest payment. Effective interest rates range from 3.50 percent to 5.75 percent.
- There are a number of limitations and restrictions contained in the bond indenture. Management has indicated that HCDE is in compliance with all significant limitations and restrictions.
- HCDE does not have a debt service rate. HCDE has a maximum maintenance tax rate of $0.01 and the current tax rates are available on the Tax Transparency webpage.
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HB 1378 Annual Debt Report
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SEC FILINGS - PFC PFC RULE 15C2-12 Continuing Filing-FISC Fiscal Year Ended:
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2020 Capital Improvement Program (CIP)
Planning
October 22, 2020 PFC Meeting Posting
October 22, 2020 Special Called Meeting Posting
August 3, 2020 Special Meeting
August 3, 2020 CIP Update
Approval of PFC Bond NoticeJune 22, 2020 Presentation of CIP
PFC Financing and Maintenance Notes Financing
October 22, 2020 Bond Sale
Moody's Rating Presentation - 2020
Procurement (Request for Qualifications)
Program Manager
Architect Pool
Engineer PoolDesign Development
Procurement (Construction)
Construction Status
PFC PROJECTS
Public Facility Corporation Bonds -
SEC FILINGS - GENERAL OBLIGATION GENERAL OPERATIONS DEBT RULE 15C2-12 Continuing Disclosure Filing-Fiscal Year Ended:
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Other Disclosures
After January 2015, the PFC is not subject to a continuing disclosure undertaking pursuant to USSEC Rule 15c2-12 with respect to any of its outstanding indebtedness.